Tesla spent $4.7 billion in the quarter against about $7.95 billion analysts expected, turned free cash flow positive at $1.5 billion, and cut its full-year capital spending guidance to more than $20 billion from more than $25 billion. Meta went the other way, raising the floor of its capex range to $135 to $145 billion, and a 10-Q filed the same morning listed $454.5 billion of contractual commitments it cannot cancel, against $81.2 billion a year earlier. Julie Hyman, Jake Conley and Pras Subramanian on why spending less and spending more both got the same reception, and whether a capex cut is discipline or a retreat from the AI race. Featuring Pras Subramanian, Senior Autos Reporter, Yahoo Finance Julie Hyman, Host, Yahoo Finance Jake Conley, Breaking Business News Reporter, Yahoo Finance Watch the full episode of The 8:30: https://www.youtube.com/watch?v=gNLCZD-bDaM Timestamps 0:00 Tesla spent far less than anyone modelled 1:24 Optimus slips, and 2027 becomes the normal year 2:57 The wall you hit in mass manufacturing 4:24 Everything else in the quarter was fine 5:41 Back to the merger, and the Reuters reporting 6:50 Why Musk wants this done before 2028 8:13 Why corporate America used to stay out of politics 10:21 Tesla spending less, Meta spending more 12:34 Reality Labs will lose $19 billion this year 13:47 The commitments Meta cannot cancel #Tesla #Meta #AIStocks #The830 #YahooFinance == AlphaSpace by Yahoo Finance: A Professional-Grade Investment Platform Built for Everyday Investors. 👉 https://finance.yahoo.com/about/promos/gold/alphaspace?ncid=100003571